Rodeo Finance is an Arbitrum-based decentralized finance (DeFi) protocol. The hacker manipulated price oracles and executed trades using the manipulated price. The price of Rodeo Finance’s native token has plunged 54% after the hack. On […]
Ethereum co-founder Vitalik Buterin believes the Bitcoin network needs scalable solutions like zero-knowledge rollups (ZK-rollups) to become more than another payment network. Buterin’s comments came during a Twitter Space hosted by Bitcoin developer Udi Wertheimer, […]
With growing institutional demand for cryptocurrencies, particularly Bitcoin and Ethereum, CME Group is looking to expand its range of services. On June 29, CME Group, the world’s leading financial derivatives exchange operator, announced that it […]
Layer-2 blockchain Public Goods Network launched a testnet on July 7, promising to spend “the vast majority of net sequencer fees” on public goods instead of paying them out to the development team or tokenholders, […]
Contrary to expectations, the Shanghai upgrade has not triggered an exodus of users, but rather a surge in staking deposits on Ethereum. In fact, it looks like ETH may be ready to take on the […]
Zero-knowledge proofs (ZK-proofs) are a key technology explored by many in the crypto industry. A zero-knowledge protocol is a cryptographic method that allows one party to prove to another party that something is true without […]
Account abstraction, also known as “smart accounts,” could eventually onboard a billion users from Asia to Web3, according to an executive at Ethereum software solutions provider ConsenSys. Laura Shi, the director of strategic initiatives at […]
Hong Kong crypto ETFs’ rise to popularity During a June 28 interview with Hong Kong’s public broadcast agency, Radio Television Hong Kong, Hang Seng Investment Management chief executive and board member Peishan Li disclosed that […]
Cryptocurrencies must reach mass adoption to unlock their maximum potential as a network technology and their value as financial assets. As with other technologies, the adoption of crypto follows a classic bell curve: Starting from […]
Ethereum co-founder Vitalik Buterin stated that he does not stake all of his Ether (ETH) due to multisignature wallets being “complicated in a bunch of ways.” On the June 29 episode of the Bankless podcast, Buterin […]
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